Homemade leverage
In finance, homemade leverage is the use of personal borrowing of investors to change the amount of financial leverage of the firm. Investors can use homemade leverage to change an unleveraged firm into a leveraged firm.[1][2]
See also
References list
- ↑ "Homemade Leverage". Retrieved 5 November 2011.
- ↑ Ross, Stephen (2011). Essentials of Corporate Finance. North Ryde, New South Wales: Mc Graw Hill. p. 403.